Siren I can't disagree with what you have posted but I am reserving my judgement until we get the six monthly accrual report. The 4c forecasts outgoings of $2m for next qtr. If that is anywhere near accurate we should be cash flow positive in the March qtr assuming we collect the $1.5m outstanding debtor's balances. The 6 monthly report should give us a bit more information on the various business segments including revenue collected from Pacific Edge which should now be on the increase. Only another month to wait.
CDY Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held